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Ideas in Development


Welcome to Ideas in Development! Here, CFED Senior Fellow Bill Schweke posts about the variety of policy initiatives – at the federal, state and local levels – that impact low- and moderate-income Americans. These posts are designed to stimulate thinking about how we might overcome some of the major challenges facing economically-marginalized communities.

If you are interested in contributing, please email cfednews@cfed.org.
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Oct 28, 2011

Poverty Traps

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Sep 29, 2011

Book Review: After the Great Recession

Journalist Don Peck has just written one of the most important books yet published on the Great Recession

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Sep 19, 2011

Achieving Success in Economic Development

While cleaning up my office, I ran across a lecture, authored by Professor Edward (Ned) Hill, that I embarrassingly never read

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Sep 14, 2011

Book Review: Hearing the Other Side

Diana Mutz’s book, “Hearing the Other Side: Deliberative versus Participatory Democracy”

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Sep 9, 2011

Lowering the U.S. Unemployment Rate

The latest projections by the US Congressional Budget Office indicate low rates of employment creation and high rates of joblessness through 2014.

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Aug 31, 2011

Commentary Featured by NC Policy Watch

The American economic picture remains very grim. The recovery from the Great Recession can only be called “tepid”

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Jul 27, 2011

Moving Beyond the Program

The world of economic development has changed dramatically in the past few decades. After being virtually synonymous with

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Apr 25, 2011

From Out of the Vault

Like most economic development professionals, my metric of success is more akin to a decent baseball batting average

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Apr 5, 2011

Not Just a Textbook

Progressive policymakers and advocates have been pining for a book that maps the “high road” to a more democratic

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Apr 1, 2011

What's Wrong with Microfinance?

Practical Action, based in Great Britain, is the successor organization to

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Mar 15, 2011

Asset Building as Modern Jeffersonian Economics

“Every person of full age neither owning nor having owned 50 acres of land, shall be entitled to an appropriation of 50 acres or so much as shall make up what he owns or has owned 50 acres in full and absolute dominion . . .

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Mar 4, 2011

Filling the Job Gap

At this juncture of a painfully slow recovery from a major recession, there remains a massive job gap in the U.S. The Upjohn Institute for Employment Research argues that if the country is to restore the employment to population ratio to the level it was in December, 2007, the American economy must create 320,000 net new jobs per month for five years.

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Feb 17, 2011

In Times Thick and Thin: New Studies in Labor Market Research

The W. E. Upjohn Institute for Employment Research has continued doing much appreciated work in publishing leading-edge scholarly, but useful research with three new books and the findings from a recent conference. Let’s start with the books.

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Feb 15, 2011

The Financial Meltdown: What caused it? How good was the reform? What should I read that’s short but sweet?

If the reader has any interest in the Great Recession and reads books, not just articles, he or she would have been struck by the virtual avalanche of books on the subject. I have probably read a dozen, as well as read some refresher pieces on Keynes, macroeconomics, history of Wall Street, and so forth. There are some great journalistic articles and scholarly tomes and lots of great stories out there.

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Jan 18, 2011

10 rules for deficit reduction with fewer fears

North Carolina, like most American states, faces a tough funding future. The state has a large budget shortfall, which it is legally required to close. Hard choices are on the horizon -- significant cuts in services and programs and possibly tax and fee hikes. Fortunately, state leaders can and ought to take steps to make a difference.

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Dec 20, 2010

Macroeconomics and State Economic Development

Economic development policymakers and practitioners generally do not focus much on macroeconomic policy. This is understandable, given the obvious fact that such policy is the province of the Federal Reserve and the federal government.

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Dec 2, 2010

Mistakes and Lessons of the Obama Stimulus Package

Despite the efficacy of the Obama Administration's package in preventing a full-scale Great Depression Number Two and cutting the unemployment rate by a significant factor, it is widely regarded as a political and policy failure. In fact, it can be even regarded as toxic to be too associated with it. This chain of events did not surprise me, but the scale of the reaction was much larger than I expected. I thought that this might be a minority reaction, and not a response of a significant portion of the electorate.

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Nov 24, 2010

Good Jobs, Bad Jobs and Those In-Between

Given today’s high unemployment rate and slow economic recovery, many American ex-workers would appreciate landing any job. But when they return to the workplace, issues of wages and working conditions will return. Two complimentary books that I recently ran across focus on these issues admirably. The first is authored by economist Francis Green and is a clearly written scholarly treatise that probes the major issues in “Demanding Work: The Paradox of Job Quality in the Affluent Economy.” (2006) The second work, “Love the Work, Hate the Job: Why America’s Best Workers are Unhappier than Ever” (2008) is a fascinating and moving exercise in the journalistic art. It tells a good story.

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Nov 9, 2010

The Role of Intuition in Economic Development

There will always be a gap between what really is the case and what we think is true.

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Oct 29, 2010

Markets and Mayhem: An Entrepreneurial Response

There is nothing like a financial crisis to spur the publishing world to generate new books, both good and bad, on the subject. Some tomes stick close to the causes and consequences, while others explore a variety of related topics. Indeed, a number of writers use today’s Great Recession as an opportunity to raise fundamental concerns about the theory, policy, methods, validity, and truth of mainstream neo-classical economics.

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